Getty Realty (GTY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of DiamondRock Hospitality (DRH) and Getty Realty (GTY). But which of these two companies is the best option for those looking for undervalued stocks?
Fifth Third Bancorp lifted its stake in Getty Realty Corporation (NYSE: GTY) by 808.1% during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,273 shares of the real estate investment trust's stock after acquiring an additional 15,371 shares
Getty Realty NYSE: GTY reported higher second-quarter adjusted funds from operations and raised its full-year 2026 AFFO per-share guidance, citing continued investment activity, stable tenant performance and a strong capital position.
Getty Realty (GTY) remains a Strong Buy, with valuation still reflecting a significant discount to intrinsic value despite robust fundamentals. GTY delivered solid Q2 results: AFFO up 14.5%, occupancy up at 99.8%, and guidance raised once again, underscoring resilience amid macro headwinds while they continue investing. Balance sheet strength is evident: no debt maturities until 2028, $570M liquidity; sustainable 5.3% dividend yield with a 75–78% payout ratio could see a boost soon.
Getty Realty (GTY) came out with quarterly funds from operations (FFO) of $0.62 per share, missing the Zacks Consensus Estimate of $0.63 per share. This compares to FFO of $0.59 per share a year ago.
NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) -- Getty Realty Corp. (NYSE: GTY) (“Getty” or the “Company”), a net lease REIT focused on convenience and automotive retail real estate, announced today that its Board of Directors declared a cash dividend of $0.485 per common share payable on October 8, 2026 to holders of record on September 24, 2026.